[C3.] President of Tokyo Stock Exchange Resigns The president of the Tokyo Stock Exchange resigned to take responsibility for an error that contributed to a $350 million trading loss and raised doubts about the exchange's ability to handle increasingly heavy volume.
Clive James, in an elegant broadcast last Sunday, contrasted such behaviour with that of a snooker player – or, more precisely, every snooker player – who would cut off his right cue before neglecting to take responsibility for an error.
I've also passed this by a couple of eCommons veterans, but take responsibility for any errors or omissions (and welcome corrections!).
Advice for how to gracefully handle mistakes often emphasizes 1) taking responsibility for the error, 2) presenting a plan for the remedy, and then 3) fixing what was wrong.
"I let important details get away from my control, and as head of the lab, I take responsibility for all errors made within the lab, whether or not I was directly involved," says Hauser in a statement sent to Nature.
It's saying that you regret the error while not taking responsibility for that error.
What bothers Duggirala, and me, is that instead of taking responsibility for the error -- which could have easily been verified by reviewing the call recordings -- United chose to stick it to her. "The thing that really set me off was the callousness of one of the representatives," she told me.
He reproached anyone including officials and venue owners who criticized his ruling without taking responsibility for "gross errors" in general nightlife regulation.
This means integrity, no gossiping and always taking responsibility for errors.
22 23 Potential adverse effects of denial of fallibility were demonstrated by Wu et al. 24 They found that doctors who took responsibility for making an error experienced more distress but were more likely to engage in constructive remedial processes.
If you print erroneous information in an issue of your newspaper, take responsibility for the error by printing a correction or retraction in your next issue.
